CapeTalk Highlights

Speaking from the Gauteng Infrastructure Investment Conference, Gauteng Premiere David Makhura says if the economy in Gauteng works properly, 35% of the country's economy will work properly and will have a huge impact.

Makhura was addressing delegates on how to grow investment during a recession.

According to Makhura, Gauteng has 412 infrastructure projects from schools, social infrastructures, clinics, roads, etc.

He says in the past 3 years they have spent R300 billion on these projects and will be spending another R40 billion in the next 3 years.

As Gauteng we are a growing province. We are also at the heart of South Africa's economy... we are a technological hub, a financial life centre, we are an industrial engine.

— David Makhura, Gauteng Premiere

We also need to ensure that there is no corruption in infrastructure. These infrastructure projects are often prone to corruption.

— David Makhura, Gauteng Premiere

We have to make sure we have open and transparent systems on who gets the infrastructure tenders, also very strict systems to monitor that the money is spent where it is supposed to be spent.

— David Makhura, Gauteng Premiere

Makhura says today's conference is aimed at bringing investors together to build this continent's economy and unlock its developments which are currently lagging behind.